Articles tagged with: Near Field Communication and Ovi

Mobile Payments Surging Ahead with Opportunities in Emerging Markets

In the last five years, markets with mobile payment offers have matured with a variety of players entering the industry value chain and new services being launched. Initially, there was a race to enter the market and a strong rivalry between different technological propositions that would facilitate mobile transaction channels. Today, we observe that, in many national markets, only one or two dominant mobile payment platforms (e.g. the paybox platform in Austria) have prevailed, and key issues now being addressed include cross border interoperability and standardization.  more

Related Tags: mobile-payments, arthur-d.-little, nfc, m-banking, tim, itu,

Mobile Internet Usage is Driving a New Wave of Mobile Banking Services

A new report from Arthur D. Little has identified investment in mobile banking as a promising revenue growing opportunity for the global financial services industry. Moving well beyond simple text-based balance updates, Mobile Banking 2.0 will capitalize on customers' increasing mobile internet use to carry out complex transactions and introduce novel ways to reach customers through the mobile medium.  more

Related Tags: sim, iphone, sms, itu, driving, tim, arthur-d.-little, iden, call-centre, personal, mobile-internet, mobile-banking

Sicap Offers Device or SIM Based NFC Platform

Sicap has announced its ability to provision contactless applications indifferently to any device or SIM designed for NFC (near field communication) services. The battle by device and SIM manufacturers to bind operators to their technologies has until now hindered the launch of large scale contactless payment services, despite the incentives of a lucrative business model and a revolution in usage of the mobile phone. The main issue for operators is that conflicting interests have resulted in the NFC secure element, essential for bank transactions, being embedded either in the device, or in an SD (secure digital) card, or in the SIM.  more

Related Tags: sim, nfc, gsm-association, apple, ict, edge, lte, ota, gsm, sicap